Strategies for Building Financial Capability over the Life Course

CFPB Releases New “Money as You Grow” Book Club Materials with Guidance from Peggy Olive, CFS & Extension Financial Capability Expert

The Consumer Financial Protection Bureau (CFPB) released the Money as You Grow book club materials on their website, which can be accessed HERE. The book club is a family financial education program that uses children’s books to help families learn key money concepts through reading, play, and quiet one-on-one talks.

“Many parents and caregivers are eager to build a good financial literacy foundation for their kids, but might not feel they have enough time, tools, and confidence. Fortunately, many of the building blocks for financial well-being – like patience, planning, and problem-solving – don’t require a lot of financial know-how,” states the CFPB of the book club on their website.

The CFPB, University of Wisconsin-Extension Family Living Programs, and the University of Wisconsin-Madison Center for Financial Security are working together to build on past efforts by the University of Nevada Cooperative Extension and the 2010 “Money as You Grow” initiative developed for the President’s Advisory Council on Financial Capability. The University of Wisconsin team led the selection process for additional Money as You Grow Book Club books and developed parent discussion guides to go with them. The CFPB is publishing and distributing the program through libraries, schools, Cooperative Extensions, and other organizations across the country.